Watchdog clamps down on online gambling

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Image copyright Getty Images The competition regulator is to take action against some online gambling companies which it suspects of breaking consumer law. The Competition and Markets Authority (CMA) said some punters did not get the deal they expected from sign-up promotions offering cash bonuses to attract them to gaming websites. The CMA also said [...]

Building society’s account deadline axed

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Image copyright YBS A deadline for the closure of current accounts with the Norwich and Peterborough (NP) has been cancelled, with 30% of customers still to receive letters explaining the move. It was announced in January that the building society’s brand is to be abolished, some branches closed, and current accounts shut down. The plan [...]

Qatar wants 10% of American Airlines

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Image copyright AFP American Airlines has received an “unsolicited” approach from Qatar Airways which wants to acquire 10% of the US carrier. In a regulatory filing, American Airlines said Qatar intended to buy at least $808m (£638m) of its shares. American Airlines said it would respond “in due course”. Shares in American Airlines, which is [...]